The Plan 3 model across the street is included here, plus an example of why some listings are sitting:
Another Auction Entrant
by Jim the Realtor | Oct 23, 2010 | Auctions, Jim TV, Thinking of Buying? | 10 comments
The Plan 3 model across the street is included here, plus an example of why some listings are sitting:
I agree that the 2-steps below the stairs should not be there, adding ceiling height in the den, but adding two steps to the stairs would shift the stairway, shortening the 2nd floor landing shown at 1:08. It looks like two more steps at the bottom of the stairs would block access to the downstairs rooms. The den could be accessed from the kitchen, but then you loose cabinets. Tough layout.
Video unavailable???
I think those ColRich homes are nice. The interior designs are fresh compared to the usual stuff out there from builders. $995k I think would get people flocking for the ocean view one previously toured. The one here is just too much of a fishbowl for my taste, but still nice. $995k sounds high to me for that one, but they’re also selling these right under the power lines for $800k – which sounds insane to me, so what do I know?
Leucadia is cool. My wife refers to it as the “sketchy beach” neighborhood (which is actually a positive.) But who wants the $1.4 house in an area of $7-$800’s? Good luck with the wait.
What’s with the mismatched upper and lower cabinets in the kitchen? Ew.
Love the yard.
Some well thought out tree placement would take care of the fishbowl feeling.
IMHO–You’ve gotta blow-out that little window upstairs and install some clear glass doors as large as possible(or a Slider) leading out to a large view deck. We toured Fire Station #6 (right across from there) last week–they have the same view (golf course, lagoon and ocean), it is QUITE nice–they also have a gourmet kitchen–Wolf 6-burner Stove, 60″ Stainless Viking Fridge, FGranite Counters–I think I should’ve become a fire fighter!
“Because they can.”
Yep.
“Because they can.”
Yep.
BTW they paid $1.317 new in 2007.
Jim, just wondering how non-tract tear downs are doing.
Sorry for the reapeat queston but at what r pros/cons of the “undisclosed min. bid & open bidding” vs. “disclosed min. & sealed bidding”? The latter seems like it’s closer to the normal sales process.
osidebuyer | October 22nd, 2010 at 4:20 pmI
pros/cons?
We’re hoping to find out how buyers in 2010 will react to auctions. My guess is that buyers prefer transparency to playing games.
The undisclosed-reserve-minimum-hardy-har-har-I-got-a-number-and-I-ain’t-telling tactic discourages buyers who want a clean shot at a house.
So if you have a minimum, at least disclose it – and it better be enticing.
It’s really all you ever need.
An attractive price brings the parade of qualified buyers. How do you get them to pay top dollar?
The two choices will probably appeal to different folks. A more-conservative crowd would rather submit a sealed bid, and not have to risk their discomfort becoming obvious in a live auction where you have to raise your hand and everything.
The live auction can whip up a frenzy and take advantage of big-shots bidding up the price to show their girlfriend who the boss is, but it would be a greedy seller to assume that there are a lot of those types around.
I’ve been to a couple of the big REDC auctions, and in spite of all the monkeys running around, many of those individual auctions go flat and get low or no bids.
You have to mind the delicate balance of price and trust.